$480,000
SOLD JUL 12, 2022
2 Beds
2 Baths
1,778 Sq Ft
$485/mo HOA Fee

Recently Sold

$270 Per Sq Ft

8% Below List Price

Highlights

  • City View
  • Stone Countertops
  • Laundry Room
  • Deck
  • Stainless Steel Appliances
  • Kitchen Island

About This Home

As of July 2022

Elegant, modern loft located in The Franklin!Welcome to this remarkable 1,778 square-foot, two-bedroom, two bath loft! As you step into this stylishly designed true loft space with wrap around curtain walls, an open-kitchen and large communal island flowing directly into the living room. An impressive 30 foot wall of east facing over-sized steel windows immerses the entire space in natural light. The 15ft+ ceilings, an exposed brick wall, polished concrete floors, concrete ceiling, and original concrete columns set the mood for this space with an industrial yet elegant vibe.The bedrooms are located on opposite sides of the unit both offering convenient full baths plus privacy for each room. A huge walk in custom closet offers plenty of room to store items off the bedroom. A covered, secure parking garage with an additional large storage closet in the garage, communal roof top deck, and entry foyer of the building itself make for easy living experience downtown! Come check this one out!

Last Agent to Sell the Property

Lynlee Real-Hughes

ARC Realty Mountain Brook Listed on: 05/10/2022

ARC Realty Mountain Brook

Last Buyer's Agent

Rana Sukar

Edge Realty Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 1910

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,778 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • City Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck

Schools

  • Avondale Elementary School
  • Putnam Middle School
  • Carver High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Electric Water Heater

Community Details

  • Association fees include garbage collection, common grounds mntc, insurance-building, management fee, pest control, reserve for improvements, utilities for comm areas
  • Red Rock Realty Group Association, Phone Number (205) 324-3383

Listing and Financial Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,803

Year Built

Built in 1910

Lot Details

0

HOA Fees

$485 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Down Payment Assistance: Yes
  • Down Payment Assistance URL: https://www.workforce-resource.com/dpr/listing/GALMLS/1319192?w=PubMLS
  • Living Area: 1778
  • Legal Description: Unit 303 The Franklin A Condo Inst 2019034353 Map Book 249 Pg 89 Sec 36 T 17S R 3W
  • Condo Level: 3
  • List Price per Sq Ft: 292.46
  • Number Levels: 1-Story
  • Property Type: Condo
  • Year Built Description: Existing
  • Year Built: 1910
  • Price Per Sq Ft: 269.97
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Interior Amenities: Elevator
  • Floors: Concrete
  • Bedroom/Bathroom Features: Separate Shower
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Concatenated Rooms: |Living1|Kitchen1|MasterBR1|Bedroom1|MasterBath1|FullBath1|
  • Room 1: Living, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Rooms Level 1: Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1), Master Bath (LVL 1), Master Bedroom (LVL 1)
  • Basement Style: Partial Basement
  • Basement Style II: All Unfinished
  • Basement Style III: Poured Concrete Walls
  • Kitchen Countertops: Stone (KIT)
  • Kitchen Equipment: Cooktop-Electric, Dishwasher Built-In, Microwave Built-In, Oven-Electric, Refrigerator, Some Stainless Appl
  • Kitchen Features: Island
  • Laundry: Yes
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Room
  • Main Level Sq Ft: 1778

Exterior Features

  • Construction: 4 Sides Brick
  • Decks: Yes
  • Decks Type: Open (DECK)
  • Foundation: Basement
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Garage Entry Location: Rear
  • Number Garage Spaces Main Lvl: 1
  • Number Total Garage Spaces: 1
  • Parking Features: Assigned

Utilities

  • Heating: Central (HEAT)
  • Cooling: Central (COOL)
  • Sewer/Septic System: Connected
  • Water: Private Water
  • HVAC Area: 1778

Condo/Co-op/Association

  • Amenities: Common Elevator, Sidewalks, Street Lights
  • Association Fee: Yes
  • Association Fee: 485
  • Association Fee Per: Monthly
  • Condo Fee Per: Yearly
  • HOA Management Company: Red Rock Realty Group
  • Hoa Phone: 205-324-3383

Fee Information

  • Fees Include: Garbage Collection, Common Grounds Mntc, Insurance-Building, Management Fee, Pest Control, Reserve for Improvements, Utilities for Comm Areas

Schools

  • Elementary School: AVONDALE
  • Middle School: PUTNAM, W E
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 22-00-36-1-021-001.310
  • Lot View: Yes
  • Lot View Type: City View

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 2803

MLS Schools

  • Elementary School: AVONDALE
  • High School: CARVER, G W
  • Jr Middle School: PUTNAM, W E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jul 15, 2022
Sold by
Sherrod Constance B
Bought by
Hamo Wael and Hamo Mohammad Adnan
Seller's Agent
Lynlee Real-Hughes
ARC Realty Mountain Brook
Buyer's Agent
Rana Sukar
Edge Realty Group, LLC
List Price
$520,000
Sold Price
$480,000
Premium/Discount to List
-$40,000
-7.69%
Current Estimated Value
$469,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,201
Avg. Annual Appreciation
-0.68%
Original Mortgage
$450,000
Outstanding Balance
$331,307
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$138,492

Purchase Details

Listed on
May 10, 2022
Closed on
Jul 13, 2022
Sold by
Sherrod Constance B
Bought by
Hamo Wael and Hamo Mohammad Adnan
Seller's Agent
Lynlee Real-Hughes
ARC Realty Mountain Brook
Buyer's Agent
Rana Sukar
Edge Realty Group, LLC
List Price
$520,000
Sold Price
$480,000
Premium/Discount to List
-$40,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$331,307
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$138,492

Purchase Details

Listed on
Sep 1, 2018
Closed on
Apr 30, 2019
Sold by
2329 First Avenue North Llc
Bought by
Sherrod Constance B
Seller's Agent
Devin Broder
Ingram & Associates, LLC
Buyer's Agent
Devin Broder
Ingram & Associates, LLC
List Price
$394,900
Sold Price
$397,686
Premium/Discount to List
$2,786
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$258,400
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $480,000 Sweeney Clayton T
Warranty Deed $480,000 --
Warranty Deed $397,686 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Closed $450,000 New Conventional
Previous Owner $258,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $480,000 -7.7% $270 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $520,000 +30.8% $292 / Sq Ft
04/30/2019 04/30/19 Sold $397,686 +0.7% $238 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $394,900 -- $236 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,674 $50,680 -- $50,680
2022 $3,178 $8,200 $0 $8,200
2021 $2,804 $8,200 $0 $8,200
2020 $2,804 $8,200 $0 $8,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1319192

Greater Alabama MLS

APN: 22-00-36-1-021-001.310